Benton Resources Inc. (TSX-V: BEX) Further to its September 17, 2025, September 23, 2025, September 29, 2025, and October 8, 2025 news releases, is pleased to announce that it has closed its $0.055 Unit private placement financing for aggregate gross proceeds of $1,980,010.

The Company has issued 36,000,182 Units, each Unit consisting of one common share of the Company and one common share purchase warrant, each Warrant entitling the holder to acquire an additional common share of the Company at $0.10 for a period of 5 years from the date of issue. No finders’ fees have been paid in connection with this Financing.

The Company will use the proceeds from the private placement to advance its Newfoundland projects and for general working capital purposes.

All securities issued pursuant to the Financing are subject to a four-month hold from the date of issue.

QP

Stephen House (P.Geo.), Vice President of Exploration for Benton Resources Inc., the ‘Qualified Person’ under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

About Benton Resources Inc.

Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified, highly prospective property portfolio and holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow.

Benton is focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland, which has a Mineral Resource estimate of 667,000 tonnes @ 3.21% Cu Indicated and 482,000 @ 2.35% Cu Inferred. The Project has an excellent geological setting covering 25km of strike and boasts six known Cu-Au-Ag zones over 15km that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical targets and Cu-Au soil anomalies. Phase 1 and 2 drill programs returned impressive results including 25.42 m of 5.51% Cu, including 9.78 m of 8.31% Cu, and 1.00 m of 12.70% Cu. Drilling at the South Pond Gold Zone, approximately 7.5 km north of the Great Burnt Copper-Gold Zone, has confirmed a robust gold-mineralized system over 2.5 km with results of 74.20 m of 1.43g/t Au and 43.75 m of 1.62g/t Au and is open for expansion in all directions.